CADJPY Target Price 88.042
Initially, I was look for a sell at this horizontal support resistance line. After price broke and closed above horizontal support resistance line, I was looking for a buy signal on the H1, H2, H3, or H4 Chart. A bullish rejection candle was formed on the H1 Chart at 16:00 on July 28th.
Note. It is important to wait and see if a rejection candle will form at the horizontal level before entering a trade.
Note. It is important to wait and see if a rejection candle will form at the horizontal level before entering a trade.
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